As I mentioned yesterday, I wrote letters to the President and my senators regarding the AIG Bonus payout. Please feel free to use all or any part in contacting your representatives. We need to let the, know what we think about them wasting our money.
Its Common Sense!
Dear Senator
I just read the following article http://news.yahoo.com/s/ap/20090315/ap_on_bi_ge/aig_bonuses
Can you please explain to me why our taxpayer dollars are going to pay bonuses to AIG employees?
AIG failed, due to the greed and incompetence of its employees, without a bailout of my taxpayer dollars, AIG would be bankrupt and its employees on the street. However, due to some contract signed before we, the American taxpayer became involuntary share holders of AIG; the company is obligated to pay out $165 million in bonuses. Are we share holders getting any bonus?
I feel that Congress has definitely failed to protect the American public with this bank and Wall Street bailout. You approved billions of dollars, released it to these institutions with no controls or accountability. Now our money is being used to pay bonuses to the incompetent idiots who created our current financial crisis.
Explain to me why my money is being used in this manner?
Why hasn't Treasury Secretary Geithner informed AIG that the rules have changed and there will be no bonuses until AIG has paid back its bailout money and become solvent on its own?
Once again I feel that Congress has failed the American public and wasted our money. When will you become responsible and look out for our interests, rather than those of the fat cats on Wall Street?
Dear Mister President
I just read the following article http://news.yahoo.com/s/ap/20090315/ap_on_bi_ge/aig_bonuses
Can you please explain to me why our taxpayer dollars are going to pay bonuses to AIG employees?
AIG failed, due to the greed and incompetence of its employees, without a bailout of my taxpayer dollars, AIG would be bankrupt and its employees on the street. However, due to some contract signed before we, the American taxpayer became involuntary share holders of AIG; the company is obligated to pay out $165 million in bonuses. Are we share holders getting any bonus?
I feel that the Executive Branch and Congress have definitely failed to protect the American public with this bank and Wall Street bailout. You approved billions of dollars, released it to these institutions with no controls or accountability. Now our money is being used to pay bonuses to the incompetent idiots who created our current financial crisis.
Explain to me why my money is being used in this manner?
Why hasn't Treasury Secretary Geithner informed AIG that the rules have changed and there will be no bonuses until AIG has paid back its bailout money and become solvent on its own?
Once again I feel that the Executive Branch and Congress have failed the American public and wasted our money. When will you become responsible and look out for our interests, rather than those of the fat cats on Wall Street?
Thank you for allowing me the opportunity to voice my concerns.
I await your response.
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